Why the taper will be good for the stock market, according to history
2021-11-07 07:00:40 The Fed is tapering, and unlike the central bank’s 2013 reduction in monthly purchases of Treasury bonds and mortgage-backed securities, the stock market took it in stride. Or did it? When then-Fed chair Ben Bernanke surprised the market in 2013 with an indication the Fed would end its bond buying, stocks declined by […]
Jim Cramer warns that the stock market could be ‘toast’ if oil prices keep climbing
2021-10-18 15:54:35 CNBC’s Jim Cramer said Monday the oil rally could eventually unsettle the stock market. “If you want the rest of the stock market to keep climbing, oil needs to stop going higher, otherwise we’re toast,” the “Mad Money” host said, after the price of West Texas Intermediate (WTI) crude hit $83.87 on Monday, […]
Strong bank earnings have changed the tone of the stock market
2021-10-15 16:31:59 CNBC’s Jim Cramer said Friday he believes the tenor on Wall Street has been altered by the recent slate of major bank earnings, providing rays of optimism following a gloomy few weeks for stocks. “The big banks have changed the tone of this entire market,” the “Mad Money” host said, referring to the […]